Shiloh, Georgia Property Taxes
Shiloh, GA, has a median property tax rate of 1.11%, which is notably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Shiloh at $108,204, the typical annual property tax bill amounts to $1,221, which is below the national median of $2,690. Property taxes in Shiloh are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Shiloh’s property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're residing in the heart of Shiloh or another part of Harris County, gaining a thorough understanding of the local property tax system is crucial for maximizing financial benefits.
Last Updated June 14, 2024
Shiloh, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,201
$1,115
Ownwell’s Shiloh Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shiloh with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shiloh to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. Interested in seeing trends on a neighborhood level? Scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Shiloh, Georgia
Property taxes in Shiloh, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shiloh is 0.83%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Shiloh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shiloh estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Shiloh's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31826 zip code has the highest median property tax rate of 0.83%, while the same 31826 zip code has the lowest median tax rate of 0.83%. Understanding how these cities compare with Shiloh provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shiloh Tax Rate
1.11%
Average Harris County Tax Rate
1.11%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shiloh, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31826 | 1.11% | 1.11% | 1.11% | 1.33% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Shiloh, Georgia
In Shiloh, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Harris County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Shiloh, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Shiloh helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Shiloh are both $1221, found in zip code 31826.
Average Shiloh Assessed Value
$108,204
Average Harris County Assessed Value
$227,672
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shiloh, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31826 | $27,745 | $52,740 | $108,204 | $203,112 | $317,378 |
Source: Ownwell
Property Tax Bills Across Shiloh, Georgia
Property tax bills in Shiloh, Harris County, GA, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is typically a percentage of the property's market value. For instance, with a median home price of $108,204, the assessed value might be a fraction of this amount. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the final tax bill, including property location, size, and any applicable exemptions. Homeowners in Shiloh can expect their tax bills to vary significantly. For example, tax bills at the 25th percentile are around $620, whereas those at the 75th percentile reach $2,270, and at the 90th percentile, they can be as high as $3,380. Comparatively, the national median property tax rate is 0.99%, which provides context to understand local rates. These variations can significantly impact homeowners' finances, influencing decisions on property purchases and long-term investments.
Average Shiloh Tax Bill
$1,221
Average Harris County Tax Bill
$2,437
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Shiloh, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31826 | $334 | $620 | $1,221 | $2,270 | $3,380 |
Source: Ownwell